Price Increased

Netflix just raised prices again, this time for both its Basic and Premium plans.

[{"selector":"#anim-b0d58ea3-1ef5-48b5-8e1b-19c28b67d02f","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2527fb8-3cd3-480e-9ff6-072b82334df4","keyframes":{"transform":["translate3d(0px, 222.00221%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed36b8d6-6aa4-4c9f-a73c-3b91558b73ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.872767601516455%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The Basic plan now costs $11.99 per month,

[{"selector":"#anim-bb86f45b-fbde-4c46-89aa-d71dc99850fc","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3922281-666b-454f-9710-e4e970e39682","keyframes":{"transform":["translate3d(0px, 184.05021%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3d6cdd1-584a-4974-879d-0d68caa887f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.06481470131804%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

and the Premium plan costs $22.99 per month.

[{"selector":"#anim-53188ba9-a720-480d-bf70-9812a3c3cf75","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e588835-3cf9-4ff2-b262-d94f4e0d64a7","keyframes":{"transform":["translate3d(0px, 191.27572%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56fe228f-686f-4b03-b0c3-0aa7d8556b4b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Netflix says it needs the extra money to invest in new content and improve its service.

[{"selector":"#anim-14b43f02-470f-4d82-8f0a-882f88cfb9c2","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f706528b-6749-40b6-bcb8-05cd888951d7","keyframes":{"transform":["translate3d(0px, 190.46431%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7af59df4-056d-4424-b3e5-5309e48e5253 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.257324105020174%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

But some people think Netflix is just trying to make more money.

[{"selector":"#anim-c06374ef-a4c4-4371-b53a-31391136bb84","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b999cd5-02d4-4b3d-820d-ef59c9300279","keyframes":{"transform":["translate3d(0px, 280.41809%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5dba2987-7faf-4025-bcce-0a2ad9563f3b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

One thing that's really annoying about the price increase is that Netflix still won't pay actors properly for streaming their shows. Streaming residuals are payments that actors get when their shows are streamed online.

[{"selector":"#anim-44e8d45c-46f7-41a7-995d-32ed57f4bc26","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc325043-0542-4474-aa72-812fe13814be","keyframes":{"transform":["translate3d(0px, 119.33183%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da309bb0-d84a-463c-8d02-11d1a83b4343 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-37.152777692447074%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Actors and their unions are still pressuring Netflix to pay streaming residuals. They're also asking subscribers to cancel their subscriptions until Netflix changes its policy.

[{"selector":"#anim-274331cf-804f-4627-b062-c21e065a3624","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c70c849-0d7a-456a-be8c-7a328226ddc8","keyframes":{"transform":["translate3d(0px, 128.88891%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97b82800-0cc7-4eac-a8dd-77f1a8e7e09a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.872767601516448%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]